DeGRAM

EURGBP will grow after correction

Long
FX:EURGBP   Euro / British Pound
The price is still at the support level of 0.886.
When the price touched this level in November, it rallied.
Next time the price came to the level last week.
It started to grow, then went into correction.
And now it is in a strong support zone.
The zone consists of two lines (2020 and 2019) + level.
At the end of last week, the price broke through the 0.888 support and consolidated there.
The level 0.886 gives it additional support.
I expect that after the consolidation, the price will start to rise towards resistance.
The target is 0.902.


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